Securitisation Mkt On Track To Rs 2.1 Lakh Cr

New Delhi: The securitisation volumes of standard assets in India reached Rs60,000 crore in the July-September period in FY25, a growth of 36 per cent on quarterly basis and 31 per cent on year-over-year basis, according to a report on Monday. “We believe the market is on track to reach our estimate of Rs2.1 lakh crore in FY25 compared to Rs1.9 lakh crore in FY24, forecasts Icra.

In the April-September period, the securitisation volumes estimated to have touched Rs104,000 crore, reflecting a modest YoY growth of 2 per cent, as the volumes had been relatively muted in the April-June period, according to credit rating Icra. The report expects the market volumes to reach Rs2.1 lakh crore in FY25.

According to the report, the sharp increase in the quarterly volumes has been fuelled by large private sector banks selling down their portfolio to improve their credit-to-deposit ratio, given the relatively lower pace of deposit accretion being witnessed.

Large ticket transactions by private sector banks led the steep growth in overall securitisation volumes for Q2 FY25.